Tax on catering services
This query is : Resolved
09 April 2013
Sir,A manufacturing company is providing food to the employees through canteen.He charged the bill as follows:
Food- 12,000.00
Service tax @ (12.36% * 50%)- 741.60
Gross- 12,741.60
Add:VAT@ 14% (on 12,741.60)- 1,783.82
Total- 14,525.42
Is he correct in doing so? Otherwise how much service tax & VAT company has to pay?
Food- 12,000.00
Service tax @ (12.36% * 50%)- 741.60
Gross- 12,741.60
Add:VAT@ 14% (on 12,741.60)- 1,783.82
Total- 14,525.42
Is he correct in doing so? Otherwise how much service tax & VAT company has to pay?
29 April 2013
Yes..He is correct in doing so..VAT is always levied on the final amount.I got it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR9- ITC
- Audit of F and O T/O
- GST 9- Table 8
- REVENUE RECOGNITION AS PER IND AS 115
- RCM on GTA Services
- How to update Transaction data in broker samco account holding after transfer shares KARVY
- Applicablity on tds
- Unable to generate and save json file for updated return
- GST payable under RCM
- WRONGLY UPLOADED 10IF FOR COOPERATIVE SOCIETY
- Related to Rate of Depreciation
- Mismatch of Sales Invoice in GSTR-1
- Query on Mismatch of Sales Invoice in GSTR-1
- Import purchase entry
- Rule 54(1A) for Distributing ITC
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
Trending Online Classes
-
LIVE Course on GSTR-9 & GSTR-9C (Technical | Practical | Concept - Based)
Sachin Jain03 November 2025
CAclubindia
